We speak the language -There are many places to borrow funds for your church’s project, so what’s the advantage of borrowing through Cumberland Presbyterian Church Investment Loan Program? We speak “Cumberland Presbyterian”. Borrowing capital funds for a church can be a challenging task. Not only must a church leader negotiate the terms of a loan, he or she must also negotiate the Presbyterian process of borrowing. Our staff can help shape the right loan package and helping navigate the process of congregation and presbytery approvals.

The Cumberland Presbyterian Church Investment Loan Program provides low-cost loans.

Great rates

Our loan rates are very competitive with commercial lenders. Sometimes they may be lower than commercial lenders.

Low closing costs

We do not charge loan origination fees or points that can drive up the cost of borrowing. Some loans do not require expensive appraisals. Since these are mortgages, you will have some normal closing costs like title insurance, recording fees and surveys.

No prepayment penalties

You can prepay any part of the loan at any time which can save thousands of dollars in interest.

The interest you pay helps build other Cumberland Presbyterian churches

When you borrow through Cumberland Presbyterian Church Investment Loan Program, a portion of your interest payment goes back to our investors, and some provides capital for future loans.

General Terms of the Loans

Length of Loan

Up to 25 years in most cases. Smaller loans could be shorter.

Interest rate adjustments

The interest rates are adjustable. Depending on the size of the loan the interest rate may be adjusted every three years or every year.

For more information you may contact Robert Heflin at (901) 276-4572, Ext. 207 or email rheflin@cumberland.org